The Dulwich Estate

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Website: http://www.thedulwichestate.org.uk

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almshouse

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remainder

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sum as the commissioners approve

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exceeding

Finances:

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Income
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Objects:

(1) the costs of maintaining, repairing and insuring to their full value all buildings not required to be maintained, repaired or insured by the lessees, tenants or occupants, and subject thereto shall apply the same in the following order of priority: (a) such yearly sum as they think fit in maintaining reserves;(b) such yearly sum as they think fit, not exceeding ·80,000 or such other sum as the commissioners approve, to the trustees of the almshouse charity for application by them for the purposes of that charity; (c) such yearly sum as they think fit, not exceeding ·30,000 or such other sum as the commissioners approve, for application for the purposes of the christ's chapel charity. (2) the trustees shall apply the remainder (if any) of the said income as follows: (a) 3. 248 per cent to st olaves;(b) 10. 923 per cent to the central foundation; (c) 85. 829 per cent to be divided between the dulwich schools in manner specified.

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